Dynamics of entrepreneurial ecosystems in Brazil and the Netherlands: The role of universities to foster ecosystems and knowledge-intensive entrepreneurial firms in the Global South

Main Article Content

Brenno Buarque
Samuel Façanha Câmara
https://orcid.org/0000-0002-8333-6997
Tamara Oukes
Elias Pereira Lopes Júnior
https://orcid.org/0000-0001-7288-9329

Abstract

The literature on innovation policies for knowledge-intensive entrepreneurship presents results achieved at the macroeconomic level, discussing results based on indicators to evaluate the effectiveness and efficiency of these policies. There is still a need for research in this area at the micro and meso levels, analyzing and discussing these innovation policies in knowledge-intensive entrepreneurial (KIE) companies and entrepreneurial ecosystems. This study investigated the disparities between regional
innovation and entrepreneurship policies in a developing country and a developed country, examining the support offered for entrepreneurial ecosystems and KIE firms. Interviews were carried out with researchers, policymakers, and entrepreneurs in the state of Ceará, Brazil, and in the region of Twente, in the Netherlands. In the Brazilian state, the policy aimed to build an entrepreneurial ecosystem with low maturity, connecting academia, government, and companies. In Twente, universities boosted innovation, attracting companies to technology parks and promoting knowledge flows through projects and businesses. The study offers insights on how
universities in the Global South can contribute to develop entrepreneurial ecosystems, contributing to the UN Sustainable Development Goals 8 – Decent work and economic growth and 9 – Industry, innovation, and infrastructure.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Article Details

How to Cite
BUARQUE, Brenno; CÂMARA, Samuel Façanha; OUKES, Tamara; LOPES JÚNIOR, Elias Pereira. Dynamics of entrepreneurial ecosystems in Brazil and the Netherlands: The role of universities to foster ecosystems and knowledge-intensive entrepreneurial firms in the Global South. RAE - Revista de Administracao de Empresas , [S. l.], v. 65, n. 3, p. e2024–0177, 2025. DOI: 10.1590/S0034-759020250309. Disponível em: https://periodicos.fgv.br/rae/article/view/93736. Acesso em: 9 nov. 2026.
Section
Forum

References

Abreu, M., & Grinevich, V. (2024). The entrepreneurial university: Strategies, processes, and competing goals. The Journal of Technology Transfer, 49(6), 1991-2034. https://doi.org/10.1007/s10961-024-10085-7

Acs, Z. J., Autio, E., & Szerb, L. (2014). National systems of entrepreneurship: Measurement issues and policy implications. Research Policy, 43(3), 476-494. https://doi.org/10.1016/j.respol.2013.08.016

Alves, A. C., Fischer, B., Vonortas, N. S., & Queiroz, S. R. R. D. (2019). Configurations of knowledge-intensive entrepreneurial ecosystems. RAE-Revista de Administração de Empresas, 59(4), 242-257. https://doi.org/10.1590/S0034-759020190403

Arranz, N., Ubierna, F., Arroyabe, M. F., Perez, C., & Fdez. de Arroyabe, J. C. (2017). The effect of curricular and extracurricular activities on university students’ entrepreneurial intention and competences. Studies in Higher Education, 42(11), 1979-2008. https://doi.org/10.1080/03075079.2015.1130030

Audretsch, D. B. (2014). From the entrepreneurial university to the university for the entrepreneurial society. The Journal of Technology Transfer, 39, 313-321. https://doi.org/10.1007/s10961-012-9288-1

Audretsch, D. B., & Link, A. N. (2012). Entrepreneurship and innovation: Public policy frameworks. The Journal of Technology Transfer, 37, 1-17. https://doi.org/10.1007/s10961-011-9240-9

Autio, E., Kenney, M., Mustar, P., Siegel, D., & Wright, M. (2014). Entrepreneurial innovation: The importance of context. Research Policy, 43(7), 1097-1108. https://doi.org/10.1016/j.respol.2014.01.015

Autio, E., & Rannikko, H. (2016). Retaining winners: Can policy boost high-growth entrepreneurship? Research Policy, 45(1), 42-55. https://doi.org/10.1016/j.respol.2015.06.002

Bonaccorsi, A., Colombo, M. G., Guerini, M., & Rossi-Lamastra, C. (2014). The impact of local and external university knowledge on the creation of knowledge-intensive firms: Evidence from the Italian case. Small Business Economics, 43, 261-287. https://doi.org/10.1007/s11187-013-9536-2

Brown, R. (2016). Mission impossible? Entrepreneurial universities and peripheral regional innovation systems. Industry and Innovation, 23(2), 189-205. https://doi.org/10.1080/13662716.2016.1145575

Brown, R., & Mason, C. (2017). Looking inside the spiky bits: A critical review and conceptualisation of entrepreneurial ecosystems. Small Business Economics, 49, 11-30. https://link.springer.com/article/10.1007/s11187-017-9865-7

Caloghirou, Y., & Llerena, P. (2015). Public policy for knowledge intensive entrepreneurship: Implications from the perspective of innovation systems. In Dynamics of knowledge intensive entrepreneurship (pp. 451-463). Routledge.

Câmara, S. F., Buarque, B., Pinto, G. P., Ribeiro, T. V., & Soares, J. B. (2022). Innovation policy and public funding to stimulate innovation in knowledge intensive companies: The influence of human and social capital. Journal of Science and Technology Policy Management. 15(2), 418-442. https://doi.org/10.1108/JSTPM-09-2021-0135

Cantner, U., Cunningham, J. A., Lehmann, E. E., & Menter, M. (2021). Entrepreneurial ecosystems: A dynamic lifecycle model. Small Business Economics, 57, 407-423. https://doi.org/10.1007/s11187-020-00316-0

Carayannis, E. G., Campbell, D. F., & Grigoroudis, E. (2022). Helix trilogy: The triple, quadruple, and quintuple innovation helices from a theory, policy, and practice set of perspectives. Journal of the Knowledge Economy, 13(3), 2272-2301. https://doi.org/10.1007/s13132-021-00813-x

Compagnucci, L., & Spigarelli, F. (2020). The Third Mission of the university: A systematic literature review on potentials and constraints. Technological Forecasting and Social Change, 161, 120284. https://doi.org/10.1016/j.techfore.2020.120284

Diaz‐Gonzalez, A., & Dentchev, N. A. (2022). A resource‐based view on the role of universities in supportive ecosystems for social entrepreneurs. Business and Society Review, 127(3), 537-590. https://doi.org/10.1111/basr.12281

Eisenhardt, K. M. (2021). What is the Eisenhardt Method, really? Strategic Organization, 19(1), 147-160. https://doi.org/10.1177/1476127020982866

Etzkowitz, H., & Leydesdorff, L. (2000). The dynamics of innovation: From National Systems and “Mode 2” to a Triple Helix of university–industry–government relations. Research Policy, 29(2), 109-123. https://doi.org/10.1016/S0048-7333(99)00055-4

Ferguson, D. L., & Fernández, R. E. (2015). The role of the university in the innovation ecosystem, and implications for science cities and science parks: A human resource development approach. World Technopolis Review, 4(3), 132-143. https://doi.org/10.7165/wtr2015.4.3.132

Fischer, B. B., Queiroz, S., & Vonortas, N. S. (2018). On the location of knowledge-intensive entrepreneurship in developing countries: Lessons from São Paulo, Brazil. Entrepreneurship & Regional Development, 30(5/6), 612-638. https://doi.org/10.1080/08985626.2018.1438523

Gioia, D. A., Corley, K. G., & Hamilton, A. L. (2013). Seeking qualitative rigor in inductive research: Notes on the Gioia methodology. Organizational Research Methods, 16(1), 15-31. https://doi.org/10.1177/1094428112452151

Groen, A. J. (2005). Knowledge intensive entrepreneurship in networks: Towards a multi-level/multi dimensional approach. Journal of Enterprising Culture, 13(1), 69-88. https://doi.org/10.1142/S0218495805000069

Guerrero, M., & Lira, M. (2023). Entrepreneurial university ecosystem’s engagement with SDGs: Looking into a Latin-American University. Community Development, 54(3), 337-352. https://doi.org/10.1080/15575330.2022.2163411

Guerrero, M., & Urbano, D. (2012). The development of an entrepreneurial university. The Journal of Technology Transfer, 37(1), 43-74. https://doi.org/10.1007/s10961-010-9171-x

Harrison, R. T., & Leitch, C. (2010). Voodoo institution or entrepreneurial university? Spin-off companies, the entrepreneurial system and regional development in the UK. Regional Studies, 44(9), 1241-1262. https://doi.org/10.1080/00343400903167912

Kantis, H., Federico, J., & Girandola, M. S. (2021). Tensions and challenges evaluating the impact of entrepreneurship policies. Tec Empresarial, 15(1), 36-55. http://dx.doi.org/10.18845/te.v15i1.5392

Lahikainen, K., Kolhinen, J., Ruskovaara, E., & Pihkala, T. (2019). Challenges to the development of an entrepreneurial university ecosystem: The case of a Finnish university campus. Industry and Higher Education, 33(2), 96-107. https://doi.org/10.1177/0950422218815806

Leydesdorff, L., & Etzkowitz, H. (1995). The triple helix---university-industry-government relations: A laboratory for knowledge based economic development. Easst Review, 14(1), 14-19. https://ssrn.com/abstract=2480085

Lundvall, B. Å. (2007). National innovation system: Analytical concept and development tool. Industry and Innovation, 14(1), 95-119. https://doi.org/10.1080/13662710601130863

Malerba, F., & McKelvey, M. (2020). Knowledge-intensive innovative entrepreneurship integrating Schumpeter, evolutionary economics, and innovation systems. Small Business Economics, 54(2), 503-522. https://doi.org/10.1007/s11187-018-0060-2

Patanakul, P., & Pinto, J. K. (2014). Examining the roles of government policy on innovation. The Journal of High Technology Management Research, 25(2), 97-107. https://doi.org/10.1016/j.hitech.2014.07.003

Perkmann, M., Tartari, V., McKelvey, M., Autio, E., Broström, A., D’Este, P., Fini, R., Geuna, A., Grimaldi, R., Hughes, A., Krabel, S., Kitson, M., Llerena, P., Lissoni, F., Salter, A., & Sobrero, M. (2013). Academic engagement and commercialisation: A review of the literature on university–industry relations. Research Policy, 42(2), 423-442. https://doi.org/10.1016/j.respol.2012.09.007

Pinto, H., Fernandez-Esquinas, M., & Uyarra, E. (2015). Universities and knowledge-intensive business services (KIBS) as sources of knowledge for innovative firms in peripheral regions. Regional Studies, 49(11), 1873-1891. https://doi.org/10.1080/00343404.2013.857396

Protogerou, A., & Caloghirou, Y. (2015). Dynamic capabilities in young knowledge-intensive firms: An empirical approach. In Dynamics of knowledge intensive entrepreneurship (pp. 239-264). Routledge.

Qian, H. (2018). Knowledge-based regional economic development: A synthetic review of knowledge spillovers, entrepreneurship, and entrepreneurial ecosystems. Economic Development Quarterly, 32(2), 163-176. https://doi.org/10.1177/0891242418760981

Ranga, M., & Etzkowitz, H. (2015). Triple Helix systems: an analytical framework for innovation policy and practice in the Knowledge Society. Entrepreneurship and knowledge exchange, 107-148.

Rasmussen, E., & Wright, M. (2015). How can universities facilitate academic spin-offs? An entrepreneurial competency perspective. The Journal of Technology Transfer, 40, 782-799. https://doi.org/10.1007/s10961-014-9386-3

Roundy, P. T., & Fayard, D. (2019). Dynamic capabilities and entrepreneurial ecosystems: The micro-foundations of regional entrepreneurship. The Journal of Entrepreneurship, 28(1), 94-120. https://doi.org/10.1177/0971355718810296

Russo, M., & Pavone, P. (2021). Evidence-based portfolios of innovation policy mixes: A cross-country analysis. Technological Forecasting and Social Change, 168, 120708. https://doi.org/10.1016/j.techfore.2021.120708

Siegel, D. S., & Wright, M. (2015). Academic entrepreneurship: time for a rethink? British Journal of Management, 26(4), 582-595. https://doi.org/10.1111/1467-8551.12116

Spigel, B. (2022). Examining the cohesiveness and nestedness entrepreneurial ecosystems: Evidence from British FinTechs. Small Business Economics, 59, 1381-1399. https://doi.org/10.1007/s11187-021-00589-z

Spigel, B., & Harrison, R. (2018). Toward a process theory of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 151-168. https://doi.org/10.1002/sej.1268

Stam, E. (2015). Entrepreneurial ecosystems and regional policy: A sympathetic critique. European Planning Studies, 23(9), 1759-1769. https://doi.org/10.1080/09654313.2015.1061484

Strauss, A. L. (2003). Qualitative analysis for social scientists (14th ed.). Cambridge University Press.

Subrahmanya, M. B. (2017). Comparing the entrepreneurial ecosystems for technology startups in Bangalore and Hyderabad, India. Technology Innovation Management Review, 7(7).

Teece, D. J. (2018). Business models and dynamic capabilities. Long Range Planning, 51(1), 40-49.

Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509-533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7%3C509::AID-SMJ882%3E3.0.CO;2-Z

Uyarra, E. (2010). Conceptualizing the regional roles of universities, implications and contradictions. European Planning Studies, 18(8), 1227-1246. https://doi.org/10.1080/09654311003791275

Virolainen, M. H., Heikkinen, H. L., & Laitinen-Väänänen, S. (2024). The evolving role of Finnish universities of applied sciences in the regional innovation ecosystem. Journal of Vocational Education & Training, 1-21. https://doi.org/10.1080/13636820.2024.2443905

Walsh, K. (2019). Regional capability emergence in an entrepreneurial ecosystem. Journal of Entrepreneurship and Public Policy, 8(3), 359-383. https://doi.org/10.1108/JEPP-04-2019-0030

Wurth, B., Stam, E., & Spigel, B. (2022). Toward an entrepreneurial ecosystem research program. Entrepreneurship Theory and Practice, 46(3), 729-778. https://doi.org/10.1177/1042258721998948

Yin, R. K. (2002). Case study research: Design and methods. SAGE Publications.

Zahra, S. A., & George, G. (2002). Absorptive capacity: A review, reconceptualization, and extension. Academy of Management Review, 27(2), 185-203. https://doi.org/10.5465/amr.2002.6587995

Zmiyak, S. S., Ugnich, E. A., & Taranov, P. M. (2019). Development of a regional innovation ecosystem: The role of a pillar university. In Growth poles of the global economy: Emergence, changes and future perspectives (pp. 567-576). Springer International Publishing.